THE Construction Industry Training Board (CITB) has revealed that almost 14,000 businesses have been awarded grants in the past year, with over £77 million paid out.
The organisation added that 45% of grant spent went to small and micro businesses.
The CITB Grants Scheme provides grants for employers in the construction industry that provide day-to-day training. There are several areas whereby businesses can apply for grant, including apprenticeships, short courses, and short/long qualifications.
CITB data from the last year indicates that apprenticeships have been the highest utilised area of grant amongst businesses, with 64% of grant spend claimed by apprenticeships in 2021/22. An additional £14 million has been made available for 2022/23 to support a forecast increase in apprenticeship take up.
Tim Balcon, CITB chief executive, said, “We’re incredibly proud of the support the Grant Scheme has been able to provide in the last year, helping many smaller businesses through a turbulent time. The Grant Scheme is in place for all eligible employers who are registered with CITB, making it a huge opportunity that could really make all the difference for a business wanting to expand or further develop their skills.
“If you would like more information about becoming registered and claiming grant, we’d really encourage you to get in touch and speak to one of our advisers.”
To help address skills shortages in the industry, CITB has introduced new and increased grant rates from 1 April 2022. More information is available on the CITB Grants and Funding page.
